Moldovan president says European integration to strengthen economy, attract investments in Moldova

Demographic problems and low productivity hinder economic growth, while the war in Ukraine exacerbates difficulties. President Maia Sandu has made statements to this effect. She emphasized that the European integration was seen as the main solution for attracting investments and developing infrastructure.

“We have a major demographic problem: the number of people able to work is small compared to those who have already worked and are now retired. The demographic situation does not change overnight (...) On the other hand, look at labor productivity in Moldova, which explains the insufficient economic development. We have the lowest labor productivity. Without increasing labor productivity, you can't achieve economic miracles,” the head of state said at the show, In context, on Moldova 1 TV channel.

According to the president, productivity can be stimulated through education, educational reform and technologies, and foreign investments are essential for modernizing the economy.

Maia Sandu emphasized that European integration is “an opportunity for peace, freedom, and prosperity” and cited Poland as an example, which tripled its economy after joining the European Union.

“There are things we need to do and will do even before joining in the coming years, but the greatest effect for our economic development, especially in the difficult context we are in – with war, with demographic situation – will come from this European integration. Because there will be more certainty for investors, because we will have more resources for infrastructure. Once you improve infrastructure, more economic agents will want to open businesses. Because people's incomes will increase and when people's incomes increase, it becomes more interesting for producers to settle here, because they have a market to sell to,” explained the President.

According to the National Statistics Bureau (BNS), the economy of Moldova recorded a 1.1-per cent growth in the second quarter of 2025. Meanwhile, in the first half of this year, the Gross Domestic Product stood at the same level as in the same period in 2024.